In today's episode, Mike and Myles dive deep into the emerging world of liquid restaking. They take a deep look into the inner workings of depositing staked ETH into protocols like Eigenlayer to earn additional yield. They discuss competitive dynamics between these protocols, whether this is positive or dangerous for Ethereum, and implications for ETH becoming "crypto native treasuries" that export security and create collateral for DeFi. We hope you enjoy!
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Timestamps
(0:00) Introduction
(5:11) Balance Sheets of Liquid Staking Protocols
(10:14) Eigen Layer Operating Model
(26:53) DAS London Ad
(28:02) Competitive Landscape of Liquid Staking
(36:53) End Game of Eth Security
(43:44) Blackrock Promo
(44:42) Institutional vs Retail Services
(52:05) Go to Market for Liquid Restaking Protocols
(57:40) Is Liquid Restaking ETH Dangerous?
(1:09:13) Check the Code is a Meme (For Now)
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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.
